Cake Box (LON:CBOX) Hits New 52-Week High – Should You Buy?

Cake Box Holdings Plc (LON:CBOX)’s stock price reached a new 52-week high on Monday . The company traded as high as GBX 200 ($2.54) and last traded at GBX 198.50 ($2.52), with a volume of 15250 shares changing hands. The stock had previously closed at GBX 200 ($2.54).

Cake Box Stock Performance

The firm has a market cap of £79.40 million, a price-to-earnings ratio of 1,818.18 and a beta of 1.19. The company has a quick ratio of 1.99, a current ratio of 2.50 and a debt-to-equity ratio of 18.51. The stock has a 50 day moving average of GBX 183.68 and a 200 day moving average of GBX 177.84.

Cake Box Cuts Dividend

The firm also recently announced a dividend, which will be paid on Thursday, December 12th. Investors of record on Thursday, November 21st will be given a dividend of GBX 3.40 ($0.04) per share. The ex-dividend date of this dividend is Thursday, November 21st. This represents a dividend yield of 1.81%. Cake Box’s payout ratio is 8,181.82%.

Cake Box Company Profile

Cake Box Holdings Plc, together with its subsidiaries, engages in the retail of fresh cream celebration cakes in the United Kingdom. The company sells cakes, cupcakes, cheesecakes, and treats; and party accessories, including balloons and candles. It also engages in the franchising of specialist cake stores; and property rental activities.